The dollar fell to a three-month low and the market is expected to lower the Fed's interest rate hike

According to FIA, the dollar fell to a three-month low, and a series of weak United States economic data led investors to lower expectations of interest rate increases for the Fed. The Bloomberg dollar represents the third consecutive trading day of the decline, touching the lowest level since 15 May. The market reflects a decrease in the Federal Reserve's probability of raising interest rates by one third next month, down from about 75 per cent at the end of July。